Annuncio • 6h
Wickes Group plc Announces Board and Committee Changes Wickes Group Plc announced that Octavia Morley has been appointed as a Non-executive Director and a member of the Company's Audit and Risk, Nominations, Remuneration and Responsible Business Committees with effect from 1 June 2026. From the same date, Octavia will also take up the position of Senior Independent Director, replacing Mark Clare. Mark will continue to be a Non-executive Director of the Company and Chair of the Remuneration Committee. Octavia brings extensive retail experience in both executive and non-executive roles. She has held various senior operational and strategic roles at companies including Asda Stores Limited, Laura Ashley Holdings plc and Woolworths plc. Octavia was Chief Executive Officer, and then Chair, at LighterLife UK Limited. She was also Managing Director of Crew Clothing Co Limited and Chief Executive at OKA Direct Limited. Octavia is currently the Senior Independent Director and Remuneration Committee Chair of Currys plc, Senior Independent Director and Remuneration Committee Chair of Marston's PLC and Chair of Banner Group Limited, a privately owned company. She formerly held non-executive director roles at Crest Nicholson plc, Ascensos Limited, Card Factory plc and John Menzies plc. In addition, pursuant to paragraph 6.4.6R(2) of the Listing Rules, following her appointment as Chief Customer Officer at Dunelm, Laura Harricks, a Non-executive Director of the Company, has confirmed her intention to step down from the Board on 31 July 2026 to focus on her new role. Board Change • 7h
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. Independent Non-Executive Director Laura Harricks was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • Apr 08
Wickes Group plc, Annual General Meeting, May 19, 2026 Wickes Group plc, Annual General Meeting, May 19, 2026. Location: vision house, 19 colonial way, wd24 4jl, watford United Kingdom Annuncio • Mar 18
Wickes Group plc Recommends Final Dividend for the Financial Year 2025, Payable on 5 June 2026 Wickes Group plc has recommended a final dividend of 7.3p per share, which will be paid on 5 June 2026 to shareholders on the register at the close of business on 24 April 2026. The shares will be quoted ex-dividend on 23 April 2026. Shareholders in the UK may elect to reinvest their dividend in the Dividend Reinvestment Plan (DRIP). The last date for receipt of DRIP elections and revocations will be 14 May 2026. Annuncio • Mar 17
Wickes Group plc (LSE:WIX) announces an Equity Buyback for £10 million worth of its shares. Wickes Group plc (LSE:WIX) announces a share repurchase program. Under the program, the company will repurchase up to £10 million worth of shares. Annuncio • Mar 06
Wickes Group plc to Report Fiscal Year 2025 Results on Mar 17, 2026 Wickes Group plc announced that they will report fiscal year 2025 results on Mar 17, 2026 Annuncio • Aug 30
Wickes Group plc to Report First Half, 2025 Results on Sep 10, 2025 Wickes Group plc announced that they will report first half, 2025 results on Sep 10, 2025 Annuncio • Jun 30
Wickes Group plc to Report Q2, 2025 Results on Jul 24, 2025 Wickes Group plc announced that they will report Q2, 2025 results on Jul 24, 2025 Annuncio • Mar 31
Wickes Group plc, Annual General Meeting, May 08, 2025 Wickes Group plc, Annual General Meeting, May 08, 2025. Location: vision house, 19 colonial way, wd24 4jl, london United Kingdom Annuncio • Mar 20
Wickes Group plc Recommends Final Dividend for the Financial Year 2024, Payable on 6 June 2025 The Board of Wickes Group plc has recommended a final dividend of 7.3 pence per share, in line with prior guidance, which will be paid on 6 June 2025 to shareholders on the register at the close of business on 25 April 2025. This will bring the full year dividend for the 2024 financial year to 10.9 pence. The proposed final dividend is subject to the approval of Shareholders at this year's Annual General Meeting. The shares will be quoted ex-dividend on 24 April 2025. Shareholders in the UK may elect to reinvest their dividend in the Dividend Reinvestment Plan (DRIP). The last date for receipt of DRIP elections and revocations will be 15 May 2025. Upcoming Dividend • Sep 26
Upcoming dividend of UK£0.036 per share Eligible shareholders must have bought the stock before 03 October 2024. Payment date: 08 November 2024. Payout ratio is on the higher end at 88%, however this is supported by cash flows. Trailing yield: 6.3%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (3.1%). Declared Dividend • Sep 12
First half dividend of UK£0.036 announced Shareholders will receive a dividend of UK£0.036. Ex-date: 3rd October 2024 Payment date: 8th November 2024 Dividend yield will be 6.4%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by both earnings (88% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has increased by an average of 37% per year over the past 3 years. However, payments have been volatile during that time. EPS is expected to grow by 53% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annuncio • Sep 10
Wickes Group plc Recommends Interim Dividend, Payable on 8 November 2024 Wickes Group plc has recommended an interim dividend of 3.6 pence per share, which will be paid on 8 November 2024 to shareholders on the register at the close of business on 4 October 2024. Annuncio • Sep 05
Wickes Group plc to Report First Half, 2024 Results on Sep 10, 2024 Wickes Group plc announced that they will report first half, 2024 results on Sep 10, 2024 Annuncio • May 23
Wickes Group plc (LSE:WIX)acquired 51% stake in Gas Fast Limited. Wickes Group plc (LSE:WIX) agreed to acquire 51% stake in Gas Fast Limited for £41.1 million on March 19, 2024. Wickes will acquire the 51% equity stake from the Solar Fast founders based on a valuation for 100% of the Business of 7x EBITDA delivered in calendar year 2024, with a minimum valuation for 100% of the Business of £10.0m and a maximum of £36.0 million, on a debt-free, cash-free basis. Wickes will pay £5.1 million at completion of the Transaction as a minimum payment for the 51% equity stake, with the balance to be paid in early 2025. Wickes will fund the purchase price from existing cash reserves. Wickes has an option to purchase the remaining 49% of the issued share capital of the Business. This option may be exercised during the five years following completion, in tranches of not less than 10% of the issued share capital, and is based on a pre-agreed valuation based on 6x LTM EBITDA at the time. In the twelve months to 30 April 2023 the Business generated revenue of £33.1 million and reported profit before tax of £3.9 million. As of 30 April 2023 the Business had gross assets of £5.9 million and net assets of £3.8 million. The Founder and CEO of the Business, David Draper, will continue to lead the development and growth of the Business in collaboration with the Wickes team, who will help bring the Solar Fast proposition to Wickes customers in store and online. Since the Business offers financing solutions to customers and is regulated by the FCA, the transaction will be subject to FCA approval. We expect this approval to be granted in the coming weeks.
Wickes Group plc (LSE:WIX) completed the acquisition of 51% stake in Gas Fast Limited for £41.1 million on March 19, 2024. The acquisition was approved by the Financial Conduct Authority(FCA). Annuncio • May 03
Wickes Group plc Maintains Financial Guidance for the Full Year of 2024 Wickes Group plc maintains financial guidance for the full year of 2024. For the period, while the external environment remains uncertain, the company overall profit expectations remain unchanged. Upcoming Dividend • Apr 18
Upcoming dividend of UK£0.073 per share Eligible shareholders must have bought the stock before 25 April 2024. Payment date: 06 June 2024. Payout ratio is on the higher end at 92%, however this is supported by cash flows. Trailing yield: 7.2%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (3.5%). Annuncio • Apr 13
Wickes Group plc, Annual General Meeting, May 24, 2024 Wickes Group plc, Annual General Meeting, May 24, 2024, at 08:00 Coordinated Universal Time. Declared Dividend • Mar 21
Final dividend of UK£0.073 announced Shareholders will receive a dividend of UK£0.073. Ex-date: 25th April 2024 Payment date: 6th June 2024 Dividend yield will be 6.8%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is not adequately covered by earnings (92% earnings payout ratio). However, it is well covered by cash flows (19% cash payout ratio). The dividend has increased by an average of 37% per year over the past 3 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 2.6% to bring the payout ratio under control. EPS is expected to grow by 56% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Reported Earnings • Mar 21
Full year 2023 earnings released: EPS: UK£0.12 (vs UK£0.13 in FY 2022) Full year 2023 results: EPS: UK£0.12 (down from UK£0.13 in FY 2022). Revenue: UK£1.55b (flat on FY 2022). Net income: UK£29.8m (down 6.6% from FY 2022). Profit margin: 1.9% (down from 2.0% in FY 2022). Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Specialty Retail industry in Germany. Annuncio • Mar 20
Wickes Group plc (LSE:WIX) agreed to acquire 51% stake in Gas Fast Limited for £41.1 million. Wickes Group plc (LSE:WIX) agreed to acquire 51% stake in Gas Fast Limited for £41.1 million on March 19, 2024. Wickes will acquire the 51% equity stake from the Solar Fast founders based on a valuation for 100% of the Business of 7x EBITDA delivered in calendar year 2024, with a minimum valuation for 100% of the Business of £10.0m and a maximum of £36.0 million, on a debt-free, cash-free basis. Wickes will pay £5.1 million at completion of the Transaction as a minimum payment for the 51% equity stake, with the balance to be paid in early 2025. Wickes will fund the purchase price from existing cash reserves. Wickes has an option to purchase the remaining 49% of the issued share capital of the Business. This option may be exercised during the five years following completion, in tranches of not less than 10% of the issued share capital, and is based on a pre-agreed valuation based on 6x LTM EBITDA at the time. In the twelve months to 30 April 2023 the Business generated revenue of £33.1 million and reported profit before tax of £3.9 million. As of 30 April 2023 the Business had gross assets of £5.9 million and net assets of £3.8 million. The Founder and CEO of the Business, David Draper, will continue to lead the development and growth of the Business in collaboration with the Wickes team, who will help bring the Solar Fast proposition to Wickes customers in store and online. Since the Business offers financing solutions to customers and is regulated by the FCA, the transaction will be subject to FCA approval. We expect this approval to be granted in the coming weeks. Annuncio • Mar 06
Wickes Group plc to Report Fiscal Year 2023 Results on Mar 19, 2024 Wickes Group plc announced that they will report fiscal year 2023 results on Mar 19, 2024 New Risk • Oct 20
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (131% payout ratio). Share price has been volatile over the past 3 months (6.2% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.3% net profit margin). Board Change • Oct 19
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. CEO & Executive Director David Wood is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Upcoming Dividend • Sep 21
Upcoming dividend of UK£0.036 per share at 7.4% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 03 November 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 7.4%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (3.0%). Reported Earnings • Sep 17
First half 2023 earnings released: EPS: UK£0.063 (vs UK£0.11 in 1H 2022) First half 2023 results: EPS: UK£0.063 (down from UK£0.11 in 1H 2022). Revenue: UK£827.7m (flat on 1H 2022). Net income: UK£16.0m (down 41% from 1H 2022). Profit margin: 1.9% (down from 3.3% in 1H 2022). Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Specialty Retail industry in Germany. Board Change • Sep 01
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. CEO & Executive Director David Wood is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Annuncio • Aug 25
Wickes Group plc to Report First Half, 2023 Results on Sep 12, 2023 Wickes Group plc announced that they will report first half, 2023 results on Sep 12, 2023 Annuncio • May 24
Wickes Group plc Appoints Laura Harricks as Non-Executive Director, Effective 1 June 2023 Wickes Group Plc announced that Laura Harricks has been appointed as a non-executive director of the Company with effect from 1 June 2023. Laura brings a deep experience of developing omnichannel customer journeys that drive engagement and commercial return, with a background in e-commerce, marketing, & strategy consulting. Laura is currently the Chief Customer Officer for Ocado Retail and previously held roles as Digital Director at Monsoon Accessorize and a number of roles at Dixons Carphone, most latterly Online Trading and Marketing Director at Carphone Warehouse. Upcoming Dividend • Apr 13
Upcoming dividend of UK£0.073 per share at 7.8% yield Eligible shareholders must have bought the stock before 20 April 2023. Payment date: 07 June 2023. Payout ratio is on the higher end at 86%, however this is supported by cash flows. Trailing yield: 7.8%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.9%). Reported Earnings • Mar 25
Full year 2022 earnings released: EPS: UK£0.13 (vs UK£0.23 in FY 2021) Full year 2022 results: EPS: UK£0.13 (down from UK£0.23 in FY 2021). Revenue: UK£1.56b (up 1.8% from FY 2021). Net income: UK£31.9m (down 46% from FY 2021). Profit margin: 2.0% (down from 3.8% in FY 2021). Like-for-like sales growth: 3.5% vs FY 2021 Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Specialty Retail industry in Germany. Board Change • Feb 23
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. CEO & Executive Director David Wood is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Jan 20
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. CEO & Executive Director David Wood is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Nov 17
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. CEO & Executive Director David Wood is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Oct 28
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. CEO & Executive Director David Wood is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Oct 07
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. CEO & Executive Director David Wood is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Upcoming Dividend • Sep 22
Upcoming dividend of UK£0.036 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 04 November 2022. Payout ratio is a comfortable 61% and this is well supported by cash flows. Trailing yield: 9.6%. Within top quartile of German dividend payers (5.1%). Higher than average of industry peers (4.4%). Reported Earnings • Sep 17
First half 2022 earnings released: EPS: UK£0.11 (vs UK£0.14 in 1H 2021) First half 2022 results: EPS: UK£0.11 (down from UK£0.14 in 1H 2021). Revenue: UK£822.3m (up 1.3% from 1H 2021). Net income: UK£26.9m (down 21% from 1H 2021). Profit margin: 3.3% (down from 4.2% in 1H 2021). Revenue is forecast to stay flat during the next 3 years compared to a 7.5% growth forecast for the Specialty Retail industry in Germany. Annuncio • Sep 16
Wickes Group plc Proposes Interim Dividend for 52 Weeks Ending 31 December 2022, Payable on 4 November 2022 An interim dividend of 3.6 pence is proposed by Wickes Group plc in respect of the 52 weeks ending 31 December 2022. It will be paid on 4 November 2022 to shareholders on the register at the close of business on 30 September 2022 (the Record Date). The shares will be quoted ex-dividend on 29 September 2022. Annuncio • Aug 25
Wickes Group plc to Report First Half, 2022 Results on Sep 15, 2022 Wickes Group plc announced that they will report first half, 2022 results on Sep 15, 2022 Board Change • Aug 23
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. CEO & Executive Director David Wood is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Buying Opportunity • Aug 11
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 31%. The fair value is estimated to be €1.87, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.7% over the last 3 years. Earnings per share has grown by 44%. For the next 3 years, revenue is forecast to grow by 1.1% per annum. Earnings is also forecast to grow by 7.0% per annum over the same time period. Buying Opportunity • Jul 27
Now 31% undervalued after recent price drop Over the last 90 days, the stock is down 33%. The fair value is estimated to be €2.24, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.7% over the last 3 years. Earnings per share has grown by 44%. For the next 3 years, revenue is forecast to grow by 1.7% per annum. Earnings is also forecast to grow by 7.9% per annum over the same time period. Buying Opportunity • May 07
Now 24% undervalued after recent price drop Over the last 90 days, the stock is down 12%. The fair value is estimated to be €2.72, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.7% over the last 3 years. Earnings per share has grown by 44%. For the next 3 years, revenue is forecast to grow by 3.7% per annum. Earnings is also forecast to grow by 9.0% per annum over the same time period. Board Change • Apr 29
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. CEO & Executive Director David Wood is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Annuncio • Apr 22
Wickes Group plc, Annual General Meeting, May 26, 2022 Wickes Group plc, Annual General Meeting, May 26, 2022. Upcoming Dividend • Apr 14
Upcoming dividend of UK£0.088 per share Eligible shareholders must have bought the stock before 21 April 2022. Payment date: 08 June 2022. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 5.5%. Within top quartile of German dividend payers (3.9%). Higher than average of industry peers (2.5%). Board Change • Apr 03
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. CEO & Executive Director David Wood is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Recent Insider Transactions • Apr 02
CEO & Director recently bought €119k worth of stock On the 25th of March, David Wood bought around 55k shares on-market at roughly €2.15 per share. This was the largest purchase by an insider in the last 3 months. This was David's only on-market trade for the last 12 months. Annuncio • Feb 16
Wickes Group plc to Report Fiscal Year 2021 Results on Mar 17, 2022 Wickes Group plc announced that they will report fiscal year 2021 results on Mar 17, 2022 Annuncio • Dec 20
Wickes Group plc(LSE:WIX) dropped from FTSE All-World Index (USD) Wickes Group plc(LSE:WIX) dropped from FTSE All-World Index (USD) Valuation Update With 7 Day Price Move • Nov 06
Investor sentiment improved over the past week After last week's 17% share price gain to €2.80, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 13x in the Specialty Retail industry in Europe. Recent Insider Transactions • Nov 06
Chairman of the Board recently bought €58k worth of stock On the 3rd of November, Christopher Rogers bought around 22k shares on-market at roughly €2.62 per share. This was the largest purchase by an insider in the last 3 months. Christopher has been a buyer over the last 12 months, purchasing a net total of €174k worth in shares. Recent Insider Transactions • Jun 26
Board Member recently bought €116k worth of stock On the 24th of June, Mark Clare bought around 40k shares on-market at roughly €2.91 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €233k more in shares than they have sold in the last 12 months.